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How to Trade in Cryptocurrency

Cryptocurrencies have grown in value in recent times. This has raised the number of interested investors in the market. But most of them have no idea where to start. Its mystery also adds to the confusion many of them express. Here is a way for you to prepare to trade and sell Bitcoin and other type of cryptocurrency.
You need to start by choosing a cryptocurrency exchange. There are many out there, each with its pros and cons. You need to assess them in terms of fees and purchase options, supported coins, security, as well as liquidity. These are critical to any exchange you are contemplating. It is important you get one with favorable fees. The more the coins trading there, the better the chances of making profits. Security is an important factor. You should only go where they take security seriously, with things like secure passwords, two-factor authentication, offline cold storage for most of your funds, and professional grade encryption in place.
It shall thus be time to create a wallet. This shall enable the safe storage of your cryptocurrency. You shall find a provisional wallet at your chosen exchange, but it is not a wise move to leave your currency in there. The best place has always been your personal wallet. It is important to always keep your private key secure. It is the means for you to transact safely. All the amounts you do not intend to trade with should be stored offline. You should then keep such info secure at all times. If you lose that offline info, you will have lost a huge investment permanently. There are hardware wallets for such scenarios. You can find more info on them here.
You should now proceed to buy your first Bitcoin. This shall be possible once you fund your wallet. There are several options to this. There are ways you can use your credit card or bank account to make the purchase. You need to then move them to your personal wallet or trading wallet at a larger exchange.
You shall thus be ready to trade and sell Bitcoin. You need a good plan to do so, and the discipline to see it through. A good habit to adopt is never trading more than 5% of your total stock in one investment move. If the trade does not work out, you will have lost very little.
Never trade with amounts you cannot afford to lose. There are risks in investing. The cryptocurrency faces the ups and downs to trading markets as well. You need to keep the trading amounts conservative.
There are articles on this site you can refer to for investment advice.